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Amisys Synertech --ASI-- Introduces Advanced Broker and Underwriting Management Solution.


ROCKVILLE, Md. -- Amisys Synertech (ASI ASI,
n See Anxiety Sensitivity Index.
), the market leader for in-depth software products and innovative business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in  services for health plans, has introduced the ASI Advanced Broker and Underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 Management Solution, a fully integrated suite of software tools that automates the administration and distribution of health insurance quotes.

To direct this initiative, Rod Williams Rod Williams is an offensive/defensive lineman for the Tampa Bay Storm of the Arena Football League.  has been named Associate Vice President of Advanced Broker and Underwriting Solutions. Mr. Williams has extensive industry experience in the areas of broker relations, pricing and rating. Williams has a Master of Information Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  from Johns Hopkins Noun 1. Johns Hopkins - United States financier and philanthropist who left money to found the university and hospital that bear his name in Baltimore (1795-1873)
Hopkins

2.
 and a Bachelor of Finance from Appalachian State University History
Appalachian State University began in the summer of 1899 when a group of citizens of Watauga County, NC, under the leadership of D.D. Dougherty and B.B. Dougherty, began a movement to establish a good school in Boone, NC. Land was donated by D.B.
.

A recently signed agreement with Abacus Managed Care Technology, Inc. (Abacus). forms the foundation for ASI's Advanced Broker and Underwriting Management Solution. The Abacus RatingWorks product will be seamlessly integrated with ASI's functionally deep AMISYS Advance payer application to deliver efficient calculation of broker commissions and administration of health insurance quotes.

"The integration of RatingWorks with AMISYS Advance will deliver comprehensive pricing, distribution, tracking and sales functionality that enables health plans to fully automate the management of insurance quotes and broker commissions while improving overall accuracy and efficiency," said Homer Fiuzat, ASI's Senior Vice President of Product Management. "Our new Broker and Underwriting Management Solution empowers users to instantly increase the volume of quotes presented to the marketplace and also tracks the progress of cases and workloads."

RatingWorks is a flexible and enterprise-wide system that provides extensive group acquisition and revenue management capabilities. RatingWorks enhances sales cycle efficiency by managing requests between brokers, groups, marketing and underwriting. The product generates real time quotes for new and renewing groups by blending billing, claims, demographic and enrollment data with a broad range of risk factors.

About Amisys Synertech Inc. (ASI)

ASI (www.asihealth.com) advances health plan business through its industry-leading products and services. The company delivers comprehensive, mission-critical information management software products and Web capabilities that meet the needs of nearly every healthcare payer model. ASI also provides leading business process outsourcing and application hosting for health plans, supporting a multimillion-member base through its claims processing and consumer-directed services. ASI has offices in Rockville, Md., Harrisburg, Pa., Dubuque, Iowa Dubuque is a city in the U.S. State of Iowa, located along the Mississippi River. Its population was estimated at 57,696 in 2006,[3] making it the eighth-largest city in the state.  and Alpharetta, Ga.

About Abacus

Abacus provides a suite of health insurance products that enables any healthcare entity to market, sell and administer its products. RatingWorks, the flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , uses a wide variety of factors to produce Quotes for any size group. The product generates real time Quotes for new and renewing groups using Billing, Claims and Enrollment data. Because the RatingWorks product connects to so many departments, Abacus is developing a suite of products to offer the Only Integrated Solution for Actuaries, Brokers, Enrollment, Sales and Underwriting.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 2, 2005
Words:446
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